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13 November 2024 | 2 replies
Please let us know if you find a solution!
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12 November 2024 | 4 replies
If you require financing, you will have to apply for a DSCR loan.
13 November 2024 | 2 replies
I’d appreciate your insights on a complex insurance setup for my recent property purchase.My Setup:• Property purchased in FL under a Trust• Trust is owned by an LLC in FL• Holding company LLC in WY owns the FL LLCSituation:I acquired the property through a subject-to (sub-to) deal, taking over the seller’s mortgage, and I’m arranging insurance coverage.My attorney suggests I:1.
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12 November 2024 | 5 replies
Is the walkout directly to the backyard or up out of a Bilco door?
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13 November 2024 | 3 replies
Having a conversation up front can help you avoid lost time and money in the long run.
12 November 2024 | 2 replies
A brother, a son or anyone else?
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24 October 2024 | 7 replies
This particular time will be a 6 month lease with a single tenant over that time.
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24 October 2024 | 5 replies
Are you purchasing or refinancing a property within the next six months?
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13 November 2024 | 8 replies
You can offset the passive losses from one rental against the positive income from another rental.Therefore, you will likely have a net $3,000 loss across all the three rentals which you would carry forward.If your depreciation was more than $3,000, you basically made cash-flow or rental income that was not taxed, which is good.Best of luck